Can You Keep Your Home Through Bankruptcy?
The answer is “Yes.” You don't have to lose your home in bankruptcy. I've done loans for many clients who kept their homes through bankruptcy.
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Foreclosures in Alberta up about 25% annually for past 2 years
ByadminMore and more Albertans have or are in danger of losing their homes to the bank, according to numbers from the province. Foreclosures are on the rise, up by about 25 per cent annually over the past two years. Foreclosure News
Real-estate briefs: Distressed sales continue to decline in central Ohio
ByadminForeclosures, short sales and other troubled properties continue to dwindle in central Ohio, according to a report from the Columbus Realtors trade group. The report shows that during the second quarter of this year, 324 central Ohio home sales were “lender mediated” properties, down from 507 a year earlier. Foreclosure News
Owner of Greenpoint portfolio dodges foreclosure with sale to Black Spruce
ByadminThe owner of nine Greenpoint rental buildings narrowly escaped foreclosure Wednesday after closing on the $ 27 million sale of eight of the properties to Black Spruce Management, sources told The Real Deal . The distressed properties were notably at the center of a $ 150 million lawsuit from 2015 in which the owner, Sylvester…
Real estate market recap, Feb. 13-17
ByadminIn the 53 metro areas surveyed, total sales were up 4.5 percent over January 2016, which was previously the January with the most sales. The median sales price of $ 208,500 was up 4.3 percent and marked the 10th consecutive month of year-over-year price increases. Foreclosure News
Feds grab gold, cash from man in HOA-foreclosure home-buying scheme
ByadminXavier Milton Earquhart is being held without bond in the Harnett County jail on 14 counts of bank fraud, five counts of engaging in monetary transactions involving criminally derived property and one count of aggravated identity theft. Earquhart was arrested in Wake Forest in June 2014 when residents on Coral Bell Drive saw him drilling…
Former restaurant owner sues Wells Fargo over home loan modification
ByadminOne of the former owners of Chops Steak & Seafood Bar in downtown Sacramento, California, is suing Wells Fargo Bank over the way it handled her home loan modification, which eventually went to foreclosure. Foreclosure News